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Quoted By:
CEO Jim Farley said:
We are accelerating all our plans – breaking constraints, increasing battery capacity, improving costs, and getting more electric vehicles into our product cycle plan. People are responding to what Ford is doing today, not someday. The Mustang Mach-E, he said, is receiving great customer and critical reviews, and will be followed by the first E-Transit commercial van (late 2021) and an all-electric F-150 pickup (mid 2022).
The CEO claimed that Ford is “all in and will not cede ground to anyone” in the electrification race.
Farley explained that electric vehicles are going to be especially important for Ford’s Lincoln luxury brand and the Transit commercial lineup.
Recently, Ford announced a $1.8 billion investment to produce “fully battery electric vehicles” in Canada at a factory where the automaker is producing Lincoln SUVs.
The automaker is also already producing the Mustang Mach-E at its factory in Mexico, and it started construction on a new factory to build its upcoming F150 electric pickup next to an existing plant in Michigan.
We are accelerating all our plans – breaking constraints, increasing battery capacity, improving costs, and getting more electric vehicles into our product cycle plan. People are responding to what Ford is doing today, not someday. The Mustang Mach-E, he said, is receiving great customer and critical reviews, and will be followed by the first E-Transit commercial van (late 2021) and an all-electric F-150 pickup (mid 2022).
The CEO claimed that Ford is “all in and will not cede ground to anyone” in the electrification race.
Farley explained that electric vehicles are going to be especially important for Ford’s Lincoln luxury brand and the Transit commercial lineup.
Recently, Ford announced a $1.8 billion investment to produce “fully battery electric vehicles” in Canada at a factory where the automaker is producing Lincoln SUVs.
The automaker is also already producing the Mustang Mach-E at its factory in Mexico, and it started construction on a new factory to build its upcoming F150 electric pickup next to an existing plant in Michigan.
